Category Archives: How to Trade

The best mobile applications for stock trading

As a smartphone is presented in our pocket each time we leave our home (besides, it’s also there even if you don’t), we can surely concern it as our personal assistant in the range of tasks. Stock trading, data analyzing, reports viewing and many other tasks can be delegated from your PC to your smartphone, which is much more convenient. Here we’d like to list you some of the most popular and demanded applications, which you could probably miss.

  • CNBC Real-time – is a ‘must-have’ app for those, who do trading. It shows all of the quotes, contains ton of information, related to trading and provides you with some simple, but convenient tools for monitoring the market. Besides, it’s free and has a good-looking interface, so that you’ll be glad to use it.
  • Yahoo! Finance is another cool application for everyone, who is engaged in trading. It’s cross-platformed, so that you can use it either on your PC, or on your mobile device. The functionality is similar to CNBC-app, but the interface differs a lot.
  • E*TRADE application is one of the most popular apps, developed by the broker company. Withing the application, this company gives an opportunity to manage clients’ accounts; set budget and further goals for your trading. The functionality of this app is rather wide.
  • Mint is an app, which suits your personal finance tasks better. It’s created as finance keeper, though it’s also oriented on traders, providing them with all the needed information if needed.
  • Chase Mobile makes working with your bank accounts, credit cards and paychecks much easier. It’s free and available for your smartphone.

Check out these or another applications right now!

What should you start stock trading from?

Actually, the question ‘What should I start from?’ arises every time you decide to do anything. If you dream of making some money with trading stocks, currency pairs and doing some exchanges, you’ve also got a question, concerning your first steps in this field. So, that’s why we decided to deliver to you an article with some useful tips, related to the way you should start.

Frankly speaking, the question “How to begin” doing anything has a simple and obvious answer. You should get as much knowledge in this certain field, as you can, in order to gain some theoretical tips in your sphere. If we are talking about the stock trading, you should definitely begin with learning.

So, start reading books. They are definitely one of the richest information sources ever. Books, as a rule, contain some set of classical and basic descriptions of the trading process. You can use them in order to gain some general knowledge, related to trading and everything, connected to that.

You should also read articles, describing some interesting issues in the trading field. They concern some more actual information, which is probably much not so theoretical, as in books. So that we advise you to combine these two sources of information, but not to choose just one.

Communicate. In order to get some really practical tips, which will be useful in your future trading experience, you should communicate with people, who are familiar with stock trading well. You can do that in different ways, such as reading and posting on forums, visiting some lectures and seminars, hiring personal coaches in trading and so on. Communicating with other people will fill the gap, left after the articles and books, you’ve already read.

Top 10 Revenue and Profit Generating Industries of 2015

Manufacturing Industry: Plays a vital role in modern society as everything from knitting a jacket, to oil extraction, steel, to diary production falls within this sector. Worldwide Revenue and Profit generated by this industry in 2015 are 19.3 trillion & 2.98 trillion US dollars respectively.

Retailing Industry: All businesses that sell goods and services in small quantities to consumers fall under this sector. It is one of the most competitive industry in the world. The convergence and diversification of this sector requires retailers to innovate, differentiate and grow in highly competitive environment. Worldwide revenue and profit contribution to the global economy are 12.7 & 2.9 trillion dollars respectively.

Agriculture and Food Industry: It is also one of the largest contributor to global economy. It accounts for 24% of worldwide GDP which amounted to 11.4 trillion dollars and contributed a profit of 2.7 trillion.

B 2 B Products and Services Industry: This industry stood 4th in terms of revenue and profit generation. The contribution made this sector to worldwide economy in terms of revenue and profit are 9.6 trillion and 1.97 trillion dollars respectively.

Financial Services Industry: Encompasses a wide variety services ranging from Banking, Insurance, Stock market to Tax consultants and Audit firms. Global revenue and profit produced by this sector amounted to 8.4 trillion and 1.92 trillion dollars

Health and Pharmaceutical Industry: Worldwide revenue and profit generation by this sector was 7.3 and 1.83 trillion dollars. That is why both industries have been named as profit making machine by business people.

IT Industry: Technology is the lifeblood of the digital economy. Advancement in computer processing power, data storage, chip design, enterprise mobility and many other developments that have unfolded in recent years are providing a wide range of opportunities that were once impossible both technologically and economically. Revenue and profit generation by this sector was 6.1 trillion and 1.24 trillion respectively.

Textile or Apparel Industry: Is primarily concerned with the design and production of yarn cloth or garments clothing and their distribution. The raw material may be natural or synthetic using products of the chemical industry worldwide revenue and profit generation was 7.3 trillion and 1.18 trillion respectively.

Tourism and Hotel Industries: Are the world’s largest sectors with a worldwide economic contribution of 4.9 trillion and 0.96 trillion dollars in terms of revenue and profit generation.

Airline Industry: Airline sector remains a large and growing industry throughout the globe. It facilitate economic growth, world trade, international investments and tourism and is therefore play an important role in globalization taking place in many other industries. In the past decade Airline industry has grown by 7% per year. Travel or both business and leisure purposes is growing rapidly worldwide. Scheduled airlines carried 1.57 billion passengers world widely. Global revenue and profit contribution of this industry to economy was 3,72 trillion and 0.86 trillion respectively.

Author of Article: Syed Qamber Reza Kamzi

“Knowledge To Action” Trading Course

You’re interested in stock trading but you don’t have enough time to go and listen to an actual course? There is a solution for you – online trading courses. The Internet can be a very powerful tool if you know how to use it, and investing in your knowledge is never a wrong thing. Although numerous websites offer online training, only a few of them can provide quality videos and exceptional teachers.

The stock trading seminar run by Knowledge to Action brings a very clear message – the greatest opportunity in the history of mankind is yours for the taking. Numerous satisfied participants say that in the beginning they were really confused, but they got accustomed to the specific terms shortly. Once you start applying all of the techniques you’ve learned, you’ll be able to earn about $3,100 per week (or at least that’s what the creators of this seminar claim). This is a paid course with a starting price of $20,000 but it ends up costing around $3,800. It lasts for two days.

What Are Stock Market Indices?

Following news can be real hard work if you’re not familiar with the meanings of some common terms. Stock market functions the same – in order to save time, stock brokers use some common phrases, as “Dow Jones” or “S&P 500”. You know that these are used to refer to different indices, but what are indices exactly?

A stock market index (or just index) is a number that measures the relative value of a group of stocks. As the stocks in this group change value, the index also changes value. If the index goes up by 2% it means that the total value of securities which make the index have gone up by 2% in value.

Indices are usually made up of stocks, but they can also be made up of bonds, real estate or other. The two most famous indices are S&P 500 and Dow Jones Industrial Average. Standard & Poor’s 500 is an index based on the market capitalizations of 500 large companies that have listed their common stocks on the NASDAQ or NYSE. Dow Jones Industrial Average shows how 30 large publicly owned companies in the US have traded during a standard trading session in the stock market.

Why are stock market indices so important? Because you need a relevant stock market index that will help you measure the performance of your investment. If your investment is constantly behind the chosen index, then you should consider investing in something else.